Shell Oil confirmed today that it had reached preliminary agreement with Minerals Management Service (MMS) representatives on adding royalty relief price thresholds to Gulf of Mexico deep-water ...
The Interior Department's Minerals Management Service (MMS) accidentally left out price thresholds in lease contracts to search for oil and natural gas in the Gulf of Mexico that were signed by energy ...
Two US House Government Reform Committee leaders are demanding that the Department of the Interior develop a new plan to recover an estimated $2 billion of lost royalties from deepwater Gulf of Mexico ...
About a dozen Gulf of Mexico petroleum producers are offering to pay higher royalties to address federal officials' failure to include limits on royalty waivers included in late 1990s leases, the head ...